Archive

SEC delays hotly anticipated climate disclosure rule ... again

The US Securities and Exchange Commission (SEC) has again delayed the adoption of its climate disclosures rule, to push back a final decision until April next year.

COP28: Zambia to welcome first green bond in December

Net zero targets can oblige progress reporting in financial accounts, says IASB committee

Setting net zero commitments can oblige companies to report their performance against climate targets under existing financial accounting standards, according to the International Accounting Standards Board (IASB) interpretations committee.

MFA warns SEC against repeating SFDR 'pitfalls'

The Managed Funds Association (MFA) has urged the US Securities and Exchange Commission (SEC) to update its proposed system for the categorisation of sustainability funds to avoid similar "pitfalls" to the EU's Sustainable Finance Disclosure Regulation (SFDR).

SEC's Gensler warns against legal challenge to climate disclosure rules

US companies will follow overseas climate reporting rules if an update to the Securities and Exchange Commission's (SEC) climate rule is overturned in court, the regulator's head warned.

DWS fined $19m by SEC for 'misleading' ESG statements

US SEC adopts fund naming rules to tackle greenwashing

The US Securities and Exchange Commission (SEC) is to require funds claiming environmental, social and governance (ESG) characteristics to prove they invest in line with the claim, under changes to its Names Rule designed to "prevent misleading or deceptive investment fund names".

Democrat lawmakers urge SEC to release climate disclosure rules

A group of US lawmakers has urged the Securities and Exchange Commission (SEC) to "quickly finalise a strong and durable rule" for climate-related financial disclosures and said politicisation of the issue "should not be a reason for delay".

Thailand launches taxonomy including some gas

BCG: Start reporting Scope 3, ahead of SEC rules, to gain competitive advantage

Proposed disclosure rules for US companies are likely to pose significant challenges - but those that prepare early could reap a competitive advantage, according to Boston Consulting Group (BCG).